As well as making money, business should also have social responsibilities. Do you agree or disagree?

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It is believed that the companies
also
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have some duties regarding society along with their profits. I am completely in the favour of
this
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.
To begin
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with, I accept that business is obviously started to get profit in order to survive in
this
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competitive era. Most commonly the company always give priority to making wealth because capital is not only essential to hand over the wages of the employees but it
also
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plays a major role in paying overhead expenses
such
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as electricity bills and site rents. Apart from
this
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, profitable funds can be used by the industries to set up spin-offs around the globe and for the betterment of products and consumers.
However
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, making wealth should not be the sole aim of the businesses, they will
also
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understand their roles in society.
Firstly
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, businessmen are running their firms for the welfare of the consumers. So, they should contribute by giving some charity funds to the NGOs which assist to enhance their portrayal among the public through
this
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they can allure more customers. Another thing to keep the notice is that the firms do not release poisonous products and chemicals.
For example
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, they do not pollute the surroundings by releasing smoke into the environment and they should go on plantations if they do so. To conclude, I assume that corporations have some responsibilities on an environmental and social basis, they should not prioritize money while running a business.
Submitted by Khushpreet Singh Sidhu on

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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Topic Vocabulary:
  • social responsibilities
  • contribute
  • well-being
  • community
  • philanthropy
  • sustainability
  • ethical
  • trust
  • reputation
  • accountable
  • profit-making
  • balance
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